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bpuharic

On Wed, 23 Feb 2011 19:50:53 -0500, wrote:

On Wed, 23 Feb 2011 19:30:28 -0500, bpuharic wrote:

They should not "all" expire. That hurts the middle and lower class
much more for no great benefit.

... if you think $1.6 Trillion over 10 years is "no great benefit".

(but $700 billion will save the world)

The fact still remains close to half of the households pay no income
tax at all.

yeah that's pretty much the case with the rich. they're paying the
lowest tax burden in 50 years.

The top 5% still pay 57% of the taxes but I would have them pay more
if they would. The problem is they also do most of the contributing to
candidates so they talk louder. If they raised the top rate, it would
be offset by more write offs rich people can take. We have a lot of
social engineering in the tax code.

yep. absolutely agree.